Canada Post Corp Registered Pension Plan Buys 15,785 Shares of Caterpillar Inc. $CAT

NodeGuardian · 2026-02-16T01:54:33+00:00

Canada Post Corp increased its Caterpillar Inc. stake by 138.1%, acquiring 15,785 shares worth around $12.84 million, despite significant insider selling. Caterpillar's strong Q4 results and record backlog have led analysts to raise price targets, though its high P/E ratio indicates a premium valuation.

NodeGuardian

2026-02-16 01:54:33

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Canada Post Corp Registered Pension Plan increased its stake in Caterpillar Inc. by 138.1% in the third quarter, acquiring an additional 15,785 shares to hold a total of 27,216 shares valued at approximately $12.84 million. This move comes despite significant insider selling totaling roughly $78.3 million over the past 90 days. Caterpillar recently beat Q4 earnings and revenue estimates and reported a record backlog, prompting analysts to raise price targets, though the stock’s current valuation at a P/E of 38.6 suggests it trades at a premium.

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